WD-40 Earnings: What Investors Should Watch
Wd-40 (NASDAQ:WDFC) will report earnings after markets close on Monday, July 8th. WD-40 Company manufactures and markets multi-purpose lubricant products and heavy-duty hand cleaners. The Company’s WD-40 acts as a lubricant, rust preventative, penetrant, cleaner, and moisture displacer. WD-40′s 3-IN-ONE Oil is a drip oil lubricant that allows precise application. The Company also manufactures Lava heavy-duty hand cleaner and other household cleaning products.
Here is your Cheat Sheet to Wd-40 Earnings:
Earnings Expectations: Analysts expect earnings of $0.56 per share on revenues of $89.45 million. Currently, the company’s P/E ratio stands at 22.67.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.53 to a profit $0.51. For the current year, the average estimate is a profit of $2.39, which is better than the estimate ninety days ago.
Here’s how Wd-40 has been performing on an annual basis:
|Revenue ($) in millions||317||292||322||336||343|
|Diluted EPS ($)||1.64||1.58||2.15||2.14||2.20|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||87.02||84.85||95.26||86.71|
|Diluted EPS ($)||0.57||0.56||0.69||0.66|
Wd-40 has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)